Oil and Gas News
Source Angus Watt Advisory Group:
Alberta oil production reached over 4,000,000 b/d for the first time in November, reaching a peak of 4,160,000 b/d.
This is the highest production level recorded since data collection began in 2010
Alberta’s oil-sands deposits represent the world’s third-largest crude reserve
Shell Plc. has signed a 20+ year deal to purchase 2 million metric tons annually of liquefied natural gas from a Canadian floating export facility, with the aim of serving energy markets in Asia.
The $9.9 billion project in B.C is expected to be operational by 2030
From Oil Sands Magazine
https://www.oilsandsmagazine.com/news/2024/1/9/alberta-oil-production-tops-4-million-barrels-per-day